The markets opened fairly flat (ES small gap down, NQ flat) and were mixed most of the day with the NQ holding more positive, but most of the range was established early on 1.7 billion NASDAQ shares to start the week. Opening Range plays were net gains.
Net ticks: +10.5 ticks.
As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked:
NQ Opening Range Play triggered long at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: